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Developer tools startup Wercker has been acquired by Oracle

Apr 17, 2017

Source: https://techcrunch.com/2017/04/17/developer-tools-startup-wrecker-has-been-acquired-by-oracle/

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Back in 2012 Wercker, a Dutch startup which helps developers test and deploy code at a rapid pace, appeared. It fitted into the space of emerging new platforms that help developers build apps such as CloudBees, CircleCi and newcomers like CloudMunch. After raising a seed round it raised a $4.5 million Series A funding round last year.

It’s today been acquired by Oracle for an undisclosed sum, which was clearly attracted by its container-centric and cloud-native automation platform, among others things.

Oracle and Wrecker are in alignment in that Oracle is building out its IaaS and PaaS foundation for its cloud computing platform.

Wercker’s Series A round was led by Inkef Capital, with participation from existing investor Notion Capital. It had raised $7.5 million to date.

Original Text (This is the original text for your reference.)

It’s today been acquired by Oracle for an undisclosed sum, which was clearly attracted by its container-centric and cloud-native automation platform, among others things.

Oracle and Wrecker are in alignment in that Oracle is building out its IaaS and PaaS foundation for its cloud computing platform.

Wercker’s Series A round was led by Inkef Capital, with participation from existing investor Notion Capital. It had raised $7.5 million to date.

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